80
Talent Solutions – Global QMR Q3 2022
Vietnam
2022 Regional TWI Ranking
(out of 11 Countries)
Manpower 2022 Total Workforce Index
2022 Global TWI Ranking
(out of 64 Countries)
Global:
47
Availability:
63
Cost:
6
Regulation:
60
Productivity:
20
Region:
11
Availability:
11
Cost:
4
Regulation:
11
Productivity:
8
Remote
Readiness
51
Remote
Readiness
8
Q3 2022
Total Labor Force (000s)
51,625
Employed Workers (000s) 50,355
Unemployed Workers (000s) 1,270
Unemployment Rate
2.5%
Youth Unemployment Rate
7.9%
Ag, ishing, ining
29%
anufacturing
23%
Trade, Transport
tilities
19%
Construction
9%
eisure Hospitality
6%
Education
%
Professional Bus. Services
3%
ovt, Social
Sec, Defence
3%
in. Real Estate 2%
Health Social ork 1%
nformation Comms 1%
Evolution of Employment by Economic Activity
0%
10%
20%
30%
0%
50%
60%
70%
0%
90%
100%
2001 2002 2003 200 2005 2006 2007 200 2009 2010 2011 2012 2013 201 2015 2016 2017 201 2019 2020 2021
▪ Year on Year inflation as of August was 2.9%
▪ Wage Inflation as at Q2 2022 is 10.4%.
▪ Pay parity is required.
Inflation and Wage Growth
Work Force Statistics
Employment by Industry
Percentage of the employed population engaged in each broad sector
activity over time.
Sources:
https://ilostat.ilo.org/data/
https://data.worldbank.org/
https://tradingeconomics.com/
http://nsdp.gso.gov.vn/index.htm
http://english.molisa.gov.vn/Pages/News/Detail.aspx?TinTucID=231451&page=2
